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The cryptocurrency market shows mixed signals. Bitcoin has lost its upward momentum and is consolidating, with some indicators suggesting a potential bottoming process and a relief rally. However, the market is also tracking growth stocks like the Nasdaq 100 and S&P 500, indicating a correlation that could lead to further downside if risk assets sell off. Ethereum and Solana are also consolidating, with ETH showing some resilience against Bitcoin but still facing significant overhead resistance. The US dollar index is showing signs of strength, potentially putting pressure on risk assets. The overall sentiment is cautious, with investors watching for confirmation of macro trends and potential shifts in Fed policy.